Description Fiscal year end date Net sales or revenues Cost of goods sold (excl depreciation) Depreciation, depletion & amortization Gross Income Selling, general and adminitrative expenses Other operating expenses Operating income Other incomes (+) or associated losses (-) Non-operating interest income Earnings before interest & taxes Interest expense on debt Pretax income Income taxes Extraordinary gain (+), loss or minority interest (-) Net income 2015 31/12/2015 519,324 383,888 100,341 35,095 48,084 57,601 -70,590 -541,516 1,001 -611,105 67,006 -678,111 -19,729 63,774 -594,608 2016 31/12/2016 493,650 339,757 74,605 79,288 30,085 915 48,288 -218,649 648 -169,713 87,962 -245,009 28,125 46,636 -226,498 58,752 54,945 52,857 745,908 912,462 1,899,850 0 1,825 1,901,675 2,814,137 80,253 44,660 46,511 70,370 1,013,001 1,174,542 1,525,940 0 1,825 1,527,765 2,702,307 53,709 Inventories - total Receivables (net) Cash & short-term investments Other current assets Current assets - total Property, plant & equipment - net Total intangible other assets - net Other non-current assets Total non-current assets Total assets Accounts Payable Short-term debt & current portion of long-term debt Other current liabilities Current liabilities - total Long-term debt Other non-current liabilities Total non-current liabilities Common stock Retained earnings, other reserves, treasury shares Common equity 55,259 174,714 310,226 1,199,510 512,042 1,711,552 862,752 141,376 305,290 500,375 1,214,765 422,739 1,637,504 862,752 -70,393 792,359 -298,324 564,428 Share price (market value) as at financial year end Number of shares outstanding 0.710 883,851 0.340 883,851 0.792 -1.055 0.532 -1.327 -75.04% -21.13% -114.50% -40.13% -8.38% -45.88% Financial Ratios Market Value Ratios Market -to-book ratio Price-earnings ratio Profitability Ratios Return on equity Return on assets Profit margin Asset Management Ratios Total asset turnover Fixed asset turnover Receivables turnover Inventory turnover Long-term Solvency Ratios Equity multiplier Cash coverage ratio Short-term Solvency Ratios Current ratio Quick ratio Cash ratio 0.185 0.273 9.452 8.839 0.183 0.324 10.614 11.054 3.552 -7.623 4.788 -1.081 2.941 2.752 0.170 2.347 2.258 0.141 1. financial leverage 2. other factors reflecting investor confidence in 2016 3. describe the change in the above aspects in 2016, compared to 2015